Wednesday, June 29, 2011

SAR #11180

What will happen to all the empty houses?

The Emphasis Game: The Case-Shiller house price index is out. Depending on which part of the data you wanted to emphasize – the 10-city index, the 20-city index, adjusted, unadjusted – house prices are either up a little bit, flat, down a little bit, or down a lot. Best guess is things were pretty flat – 0.1% of 170,000 is pretty much statistical noise.

The Golden Age: After 30 years of decreasing federal regulation, decreasing taxes, decreasing unionism the US should be entering an age of plenty for all – according to Ayn Rand, Milton Friedman and the GOP. How are things in your neck of the woods?

It's A Gas!Insiders are suggesting that the extracting natural gas from shale isn't all it's fracked up to be, that shale gas is “inherently unprofitable” in today's market and that boosters may be... overstating? the productivity, profitability and the size of their reserves.

Bad to Worse: Scientific research confirms that humankind has raised the Earth's temperature a little less than 1ºC so far, and that - absent a dramatic change in our carbon emissions – another 3ºC rise is inevitable by 2100. If 1ºC is enough to melt the Arctic, and it is, 4ºC will be a disaster, one from which technology will not save us.

Not Necessarily News: Republicans are willing to accept cuts in defense spending rather than agree to even one cent in increased taxation.

Halfway House: Both parties have drawn lines in the sand on deficit reduction, with Democrats demanding tax increases and the Republicans refusing to talk about them. Obama offered to raise $600 billion through tax hikes and the elimination of various subsidies – which goes half-way to reducing the budget deficit by $1.2 trillion, just like the GOP wants. They just said no. Nancy would have been proud.

Today's Puzzler: If Brazil has to preserve its Amazonian rainforest, why does the US get to burn up Canada's tar sands?

Sneak Attack: West Antarctica's Pine Island Glacier Ice Shelf is being eroded from below by warm currents from the deep ocean. The glacier is dashing into the sea at 2.5 miles a year and dumping 80 cubic kilometers of ice into the ocean – 50% faster than 25 years ago.

One More: Along with fires in Arizona and floods in Minot and riots in Athens, don't forget that 10 million people in the Horn of Africa are suffering under the worst drought in 60 years. Add them to the list.

Perspective: Medicaid serves 68 million Americans, including the disabled, the elderly, certain women and children, and the poor. House Republicans, not being personally acquainted with a lot of poor people, want to cut the program- a lot. Just 5% the first year, but 15% in 2014 and by 35% by 2021.

Pot/Kettle: Michelle Bachmann says the Democrats are using 'scare tactics' and assures us that "the interest on the debt could easily be paid.” Maybe someone should ask her about the principle principal.

And what will happen to all the people from all the empty houses?

10 comments:

Anonymous said...

RE: One more

Is there oil in the Horn of Africa because if there isn't, no one is gonna remember them. Don't believe me? Ask the Syrians.

RBM

Drewbert said...

I"m very happy about the passage of gay marriage rights in NY state. I believe it to be a major tipping point for marriage rights nation wide.

tulsatime said...

Bachman is such a dangerous quantity it escapes most people. She is an agent for the fascism of church and flag that will end this republic forever. I do not put civil war out of the question if that level of arrogance and ignorance get into office.

CKMichaelson said...

And I think we - the thinking minority - make a serious mistake in pointing out her mistakes & poking fun at her ignorance... For there are far more people who take offense at that, for they harbor the same ignorance and blind beliefs that she does. We do not harm her by by our sarcasm, but ourselves, for her supporters have the same lacuna of knowledge and rationality and feel we are attacking them, so they just dig their heels in and chant her name louder.

As for the revolution, when it comes, I hope it has a more worthy pedigree.

ckm

john patrick said...

<< pointing out her mistakes & poking fun at her ignorance... >>

Agree. Experience is the best teacher, for good or worse, unfortunately. And we will be drug along the path.

I think the time to learn from history is at the "inception" of the proposed idea. Once it is in motion, while hindsight has value, it's hard to do anything to change the new paradigm.

kwark said...

<< We do not harm her by by our sarcasm, but ourselves, for her supporters have the same lacuna of knowledge and rationality and feel we are attacking them, so they just dig their heels in and chant her name louder. >>

Agreed, but why should I care if sarcasm causes her supporters dig in their heels? Are these folks reachable by reasoned criticism? Many of these folks would probably support her even if you could prove her guilty of some heinous crime. Surely we're not arguing that highlighting the absurdity or appalling hypocrisy of her rhetoric prompts people to support her who otherwise wouldn't?

CKMichaelson said...

"Surely we're not arguing that highlighting the absurdity or appalling hypocrisy of her rhetoric prompts people to support her who otherwise wouldn't?" - Alas, yes, that is exactly my fear.

ckm

Drewbert said...

Much like another famous woman Republican candidate for an office she is unqualified to hold - Bachmann is NEVER wrong. She'll say she's been misquoted (word for word.. on video) or that it was "gotcha journalism" by the "lame stream media" or it's just "those darn liberals who don't know their 'merican history".... but she is never... ever.... EVER wrong.

It's a pathology. I deal with it all the time with the anti-SSM crowd.

Anonymous said...

CKM wrote: "And I think we - the thinking minority..."

I'm not trying to be a troll but a statement like that is pure chutzpah.

CKMichaelson said...

Mea culpa. Mea maxima culpa.

ckm